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1 bedroom flat for sale
Albert Road, Leicester, Leicestershire, LE2
£85,000
Albert Road, Leicester, Leicestershire, LE2
£85,000
Our Summary
- Investment Opportunity: This apartment is being sold with tenants in situ, currently generating a rental income of £700 per calendar month
- 05 per annum * Ground Rent: £75 per annum * Lease Term: 80 years from 24 June 2024 This property is for sale by Public Auction 27 August 2025
- Henry Sykes Auctions are working in Partnership with the marketing agent on this online auction sale and are referred to as 'The Auctioneer' Contact us today to arrange a viewing or to request further information
Description
This modernized ground floor apartment is located in the sought-after Stoneygate area of Leicester, just a short walk from Queens Road's independent shops, cafes, and restaurants. The property has been fully refurbished throughout, featuring a stylish new kitchen and bathroom, making it a low-maintenance and attractive home or investment. With allocated off-street parking and easy access to Leicester city centre and train station, this apartment is ideal for first-time buyers or investors. Currently let at £700 per calendar month, it offers a ready-made income-generating investment in a prime location. The property is being sold with tenants in situ and has a lease term of 80 years from 2024. With a service charge of £1,362.05 per annum and ground rent of £75 per annum, this is an excellent opportunity for those looking to invest in Leicester's thriving property market.